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Question
Figure 2-4.Junko Company makes financial calculators. During the year Junko manufactured 97,000 financial calculators. Finished goods inventory had the following units on hand:
| 1-January | 1,260 |
| 31-December | 1,040 |
Refer to Figure 2-4. If each financial calculator had a per-unit product cost of $112, what was the cost of Finished goods inventory on December 31?
a. $116,480
b. $141,120
c. $24,640
d. none of these are correct
Answer
This answer is hidden. It contains 53 characters.
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